90 unit SFR PUD subdivision
It is a 90 unit SFR PUD subdivision with a Final Map just off I-15 in Lake Elsinore.
Owner said He would only consider a JV with a national builder.
The owners set up is from before he had the final map recorded.
The owner is a Attorney who does not want to build himself. The projection on costs was done in July for an investor.
More Details below.
It is a 90 unit SFR PUD subdivision with a Final Map just off I-15 in Lake Elsinore.
Owner said He would only consider a JV with a national builder.
The owners set up is from before he had the final map recorded.
The owner is a Attorney who does not want to build himself. The projection on costs was done in July for an investor.
More Details below.
- Centrally located in the exploding Inland Empire, the fastest growing area of California
- Lake Elsinore is midway between the Los Angeles, Orange County, and San Diego job centers
- Property is only 1/4 mile from Interstate I-15 Freeway
- Approved for construction of 90 detached houses by the City of Lake Elsinore. $650,000 in building permit fees already paid by current owner.
- $5.295 million for land only, plus $250,000 for engineering ( grading, streets, sewer, water) plans and architectural plans.
- This property was on the market one year ago for $7 million.
- Buyer may retain the developer to manage the property post-aquisition.
- If freeway on/off-ramp added near property, could rezone project to retail use and increase value!
90 unit SFR PUD subdivision
Filet Mignon 8oz.
bordelaise / chive / butter 18
T Bone 18oz.
fresh herb sherry butter / chives 60
Rib Eye 20oz.
argentinian raised prime black angus / salt / pepper / garlic / butter 65
Prime Rib 15oz. or 20 oz.
slow roasted / au jus / horseradish 55
Hokkaido A5 Wagyu
Chateau Uenae / farmed in below freezing temperatures 125